Battery projects driving renewables expansion in Australia
Battery projects continue to dominate Australia’s large-scale clean energy buildout, with 6 GW of new capacity added to the nation’s renewables project pipeline in July.
New bidding strategy for PV asset owners operating in spot market
Conceived by an international research team, the new bidding strategy applies to the day-after and the intraday markets. It uses a technique that transforms results from probabilistic models into actual scenarios. Their method showed its ability to yield increased revenues and reduced imbalance.
Greencoat Renewables acquires Irish solar farm, enters long-term PPA
Irish investment company Greencoat Renewables has acquired a 80.5 MW solar farm in eastern Ireland. It has also entered into a long-term power purchase agreement for 100% of the energy produced.
Funding secured for 60 MW solar plant in Romania
The European Bank for Reconstruction and Development and Eiffel Investment Group are providing €24.4 million in funding for the construction of a 60 MW solar plant in southern Romania.
Amea Power begins construction of 24 MW plant in Uganda
Construction of a 24 MW solar plant is underway in northwestern Uganda. Once commissioned, it will be the first solar asset in the region and Amea Power’s first operational asset in the country.
Electricity prices increase in most European markets
Spanish consultancy AleaSoft attributes the increase in electricity prices across most European markets last week to rising gas and CO2 prices. Meanwhile, France broke its record for daily photovoltaic production.
Bee Solar, Huasun sign MoU to develop gigawatt-scale European supply chain
The Italian company and Huasun Energy are teaming up to produce wafers, cells and modules for the European market, with the aim to be the most cost-competitive in Europe. The two companies are working to start production in 2026.
Mobile floating PV plant powers Paris’ Olympic village
Transported 900 metres along the Seine, a 78 kW temporary photovoltaic power plant has docked at the Athletes’ Village to meet the needs of the Olympic and Paralympic Place for renewable electricity consumption.
Global PV investment to surpass $500 billion in 2024
The International Energy Agency projects that solar will attract more investment than all other electricity generation sources combined. Global energy spending is set to surpass $3 trillion for the first time this year.
Meyer Burger and Solestial aim to conquer space
The companies want to develop cost-effective and efficient photovoltaic products for space applications using next-generation, ultra-thin, radiation-resistant solar cells. Starting next year, hundreds of vehicles for space travel could be equipped with the flexible modules.
